Keyless Signature™ Technology Makes its Mark Globally Among Innovative LineUp.
Singapore, January 18, 2011 — GuardTime, creator of the patented Keyless Signature™ technology used to validate the world’s datafor applications such as secure cloud storage,today announced that it has been selected as Finalist for Red Herring’s top 100 Global award, a prestigious list honoring the year’s most promising private technology ventures from around the world.
The Red Herring editorial team selected the most innovative organizations from a pool of 1200 companies worldwide – the Finalists from its Red Herring Asia, Europe and North America Awards. Nominees were evaluated on both quantitative and qualitative criteria, such as market size, customer acquisition, financial health, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
GuardTime’s Keyless Signature technology provides proof of signing authority, time of the signature, and integrity for data stored on disk, residing in the cloud, or in transit across networks. The signature never expires and its verification is based solely on mathematics, eliminating the need for secrets or keys and the unwieldy management associated with traditional PKI technologies.
“We are honored to be recognized as a finalist for this year’s Red Herring Top 100 Global Award,” said Mike Gault, CEO of GuardTime. “Our Keyless Signature technology represents a revolution in data security and we continue to garner significant attention by solution providers, service providers, channel partners, and technology providers from around the world.”
Says Alex Vieux, publisher and CEO of Red Herring. “Despite lingering effects of the global economic situation, there are many great companies producing truly innovative and amazing technologies, to the extent that we had a hard time narrowing the pool and selecting the finalists. GuardTime shows great promise, it therefore deserves to be among the Finalists.”
The Finalists are invited to present their winning strategies at the Red Herring Global forum in Los Angeles, January 24-26, 2011. The Top 100 winners will be announced at a special awards ceremony on January 26 at the event.
About GuardTime:
A Red Herring top 100 Asia Winner and Red Herring Global Finalist, GuardTime was founded in 2006 by cryptography experts Dr. MärtSaarepera and Dr. Ahto Buldas along with Internet visionary Joi Ito. GuardTime provides an infinitely-scalable and completely-available Keyless Signatures™ engine designed to deliver authenticity and integrity for the data that the world relies upon: as it sits on disk, moves across the network, and is used in the cloud. Visit http://www.guardtime.com for more information about using Keyless Signaturesfor data.
Press & Media Contact:
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MediaPR.net Inc
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Singapore 018985
+1 401.349.3369
vcruz@mediapr.net
http://www.guardtime.com
